Purple Heart Homes Inc
- Assets
- $166.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 08/2016
- Data as of
- 12/2019
- EIN
- 47-4309872
Organization Overview
Purple Heart Homes Inc is located in Greensboro, NC. The organization was established in 2016. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Purple Heart Homes Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Purple Heart Homes Inc generated $46.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $21.3k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE CHAPTER'S THREE LARGEST PROJECTS STARTED AND COMPLETED IN 2019:1. THE LEWIS PLEASANTS PROJECT - MR. PLEASANTS IS A VETERAN WHO LIVES IN BOONEVILLE, NC. THE CHAPTER WATERPROOFED HIS BASEMENT AND INSTALLED NEW PIPES TO PREVENT LEAKS. HE NOW HAS A SAFE BASEMENT TO USE, PREVENTING DAMAGE TO HIS HOME THAT WAS ONGOING.2. L HAIRSTON PROJECT - MR. HAIRSTON IS A VETERAN. THE PROJECT WAS COMPLETED BY CHAPTER MEMBERS AND HEATING AND COOLING CONTRACTORS. THE PROJECT INVOLVED INSTALLING A NEW HEATING AND COOLING SYSTEM AS WELL AS NEW ELECTRIC PANELS TO KEEP THE VETERAN WARM IN THE WINTER AND COOL IN THE SUMMER.3. JAMES WILLIAMS PROJECT - MR. WILLIAMS IS A VETERAN IN NEED. THE CHAPTER CONTRACTED TO CUT DOWN TREES AND REMOVE DEBRIS FROM THE VETERANS PROPERTY. THE PROJECT WAS COMPLETED BY CONTRACTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Kelly Board Member | 10 | $0 | |
Heather Witt Interim Chair | 10 | $0 | |
Keith Zimbro Board Member | 10 | $0 | |
Colleen Baird Secretary | 10 | $0 | |
Grady Bendel Chairman | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,922 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,729 |
| Other Revenue | $0 |
| Total Revenue | $46,193 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $15,149 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,192 |
| Total expenses | $21,341 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,275 |
| Other assets | $0 |
| Total assets | $166,498 |
| Total liabilities | $0 |
| Net assets or fund balances | $166,498 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Purple Heart Homes Inc has recieved totaling $103.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 07/25/21 | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |
Coast Guard Mutual Assistance Incorporated Arlington, VA | $53,600,951 | $7,292,457 |
Navy League Of The United States National Headquarters Arlington, VA | $72,874,046 | $1,354,328 |
Team Red White & Blue Inc Atlanta, GA | $10,402,897 | $10,336,911 |
Purple Heart Homes Inc Statesville, NC | $4,564,055 | $4,659,786 |
Fleet Reserve Association Alexandria, VA | $5,138,696 | $3,173,307 |